News & Information From Northeast India

Sonowal applauds OIL’s contributions to Assam economy

Taking part in the celebration of 60 years of India’s second largest oil exploration and production behemoth Oil India Limited (OIL) at South Bank oil well at Naharkatia in Dibrugarh district on Monday, Assam chief minister Sarbananda Sonowal has applaud it’s contribution towards the economy of the state.

“60 years ago, OIL started its journey from Naharkatia oil well No 1. Over the years, OIL has made a significant contribution to the growth of the state. It has generated employment opportunities in the towns and villages of the state through which it has brought economic empowerment and made the people self-reliant. OIL has also forayed into skill development and it must boost up initiatives in skilling the youth with greater focus,” said Sonowal.

Appreciating the team spirit of the OIL family, the CM said that OIL’s benefits have not been limited to its employees alone but it has immensely contributed to the growth of Assam. He further said that the Rs 10,000 crore MoU signed by Oil with Assam government at the Advantage Assam: Global Investors Summit would give an added impetus to the state’s resurgent economy.

“Our Government has recently organized the Advantage Assam: Global Investors Summit with an aim to tap the huge ASEAN market. The Act East Policy envisages capitalizing the commercial and cultural relations that we share with South East Asia”, Sonowal said adding that the state government is committed to materialize Prime Minister Narendra Modi’s call of ‘Perform, Reform and Transform’ in Assam and a number of initiatives have already been launched keeping that in mind.

The CM also said that the measures taken up by the government would greatly benefit the youth and urged them to work with honesty, integrity and hard work. He also called upon the people to continue their support to OIL in its journey towards excellence.

In connection with the celebration, awards of excellence for performance were presented in seven categories to OIL employees. The chief minister also ceremonially laid the foundation stone of a 60 years commemorative gate at the Naharkatia OIL well No 1.

While chief managing director of OIL Utpal Bora delivered the welcome speech, Dibrugarh MP Rameswar Teli also spoke on the occasion. Local MLA Naresh Sonowal also graced the 60 years celebration of OIL in the programme.

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